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Friday, 24 June 2016

The forward-looking Wall Street: After BREXIT, what happens? What's next in financial markets?

The forward-looking Wall Street: After BREXIT, what happens? What's next in financial markets?


After BREXIT, the focus will no longer be British markets and the Great British Pound.

As the first EU member leaves, markets will start to worry who is next in line wanting to leave the European Union. The European dis-Union has been officially kick-started by U.K, the perceived trouble-maker inside the EU. Those economies that disliked being under the control of German leadership in EU may start to look to U.K. as the new inspiration. 

Markets, led by Wall Street, will start to be fearful of the future of Europe and the Euro currency next. This is the next chess move. Focus will switch from U.K to Europe, and from GBP to EUR from here on. Euro will start to be the new limelight.

European stock markets to remain in fearful mode, and this will affect stock-equities asset classes worldwide. Euro will also start to sell more than the British Pound when the awakening, led by Wall Street, starts to come soon.

Gold to remain as safe haven to counter all risks while stocks bleed. Smart monies have been flooding into Gold, and Gold remains the best investment asset class worldwide as reiterated strongly for 2016 with all the break-ups in gold charts shown to you to help you.
The Swiss Franc melt-up in 2015 topped at around +21% against the USD.
The GBP melt-down in 2016 may likely do the same bottoming process at -21% from today's open in a few weeks' time.

Additional Side Note:
<< Brexit, UK, North Ireland and Scotland: Possibly More Chaos Coming >>
It is possible that Scotland could now say they want to break away from U.K. because Scotland was taken out of EU against its own will and that they have no reason to stay with U.K. anymore. It was because of EU that the Scots stayed with U.K, but now that U.K is no longer inside E.U, the Scottish have justifications to Brexit from UK as well. A second referendum on Scottish independence should be coming soon and that will see the Great British Pound receive another round of Great British Pounding. Maybe like the European dis-union, even the Union Jack will be dis-unioned. The UK flag can prepare to take out the Scottish flag that is embedded inside it if Scottish independence referendum passes as well. North Ireland in U.K may also vote to join Republic of Ireland.


High Frequency Algorithm at work right now in all the computer terminals and trading machines

High Frequency Algorithm at work right now

24 June 2016:

High Frequency Algorithm at work right now in all the computer terminals and trading machines:

Algorithm:
if (bremain) { sell on fact; sell also european currencies on fact;}
if (brexit) {sell doubly hard on fact; sell also european currencies doubly hard on fact;}


CHFJPY Technical Analysis: 24 Jun 2016, Friday, 8.25am Singapore Time

CHFJPY Technical Analysis: 
24 Jun 2016, Friday, 8.25am Singapore Time

While Brexit vote-counting is on-going, CHFJPY has one of the best price structures for trading in place of GBP-pairs. Best opportunities are not at the warzone areas of GBP anymore.
CHFJPY: Short (Bearish)

Note: 
Limelight areas are never where one should be in, and British Pound and Brexit is the limelight right now. The same is true of doing business as well: where the herd is, one should avoid. 


Thursday, 23 June 2016

GBPUSD Technical Analysis for your learning: 23 June 2016, Thursday, 10.22pm Singapore Time


GBPUSD Technical Analysis for your learning: 
23 June 2016, Thursday, 10.22pm Singapore Time

Attached above is the GBPUSD Technical Analysis for your learning.
Refer to previous live analyses below when the trade was taken:
Capitalizing on a powerful up-move today, I am taking profits of some (three-quarter, 3/4) of my British Pound Longs right now (risk management purposes) before the BREXIT results are out. The rest of the 1/4 are set with trailing stop at break-even (max loss = zero).

Above are the profits in ($) US Dollar (USD).
Below are the profits converted into (SD) Singapore Dollar (SGD).



Profits in this trade:
+ S$ 52,369 SGD

Cumulative:
S$ 1,376,199 + S$ 52,369
= + S$ 1,428,568 SGD

Trading Journal:


NZDCAD Technical Analysis: 23 Jun 2016, Thursday, 4.13pm Singapore Time

NZDCAD Technical Analysis: 
23 Jun 2016, Thursday, 4.13pm Singapore Time

Attached above is the technicals for NZDCAD.
Inverse Bump-and-Run executed in NZDCAD. Bullish
Long.


Human Psychology Analysis on BREXIT: 23 June 2016, Thursday, 2.40pm Singapore Time


Human Psychology Analysis on BREXIT: 

On the voting day today, most Brits will let crisis fear take over their hearts and head, and eventually choose to remain in EU. The psychology of missing out and the psychology of fear is more powerful than the psychology of desire. Had been, is and always will be. Human psychology.

EURNZD Technical Analysis: 23 June 2016, Thursday, 9.33am Singapore Time

EURNZD Technical Analysis: 
23 June 2016, Thursday, 9.33am Singapore Time

Bearish. 
Short. 


Tuesday, 21 June 2016

EURCAD Technical Analysis: 21 June 2016, Tuesday, 9.43pm Singapore Time

EURCAD Technical Analysis: 
21 June 2016, Tuesday, 9.43pm Singapore Time

Attached above is the technicals for EURCAD.
It is an illustration of using dy/dx in making judgements and programming into your trading algorithm or chart screening and technical judgement. It can be applied to stocks, equities, and just about any financial asset class. Hope it is useful for everyone out there. 
Acceleration down is increasing in gear (measure the dy/dx as above).
Bearish. 
Short executed. 


Euro Stoxx 50 Technical Analysis for your learning: 21 June 2016, Tuesday, 9.26am Singapore Time

Euro Stoxx 50 Technical Analysis for your learning: 
21 June 2016, Tuesday, 9.26am Singapore Time

Attached above is the Euro Stoxx 50 Technical Analysis for your learning.
Refer to previous live analyses below when the trade was taken:
I am exiting and taking profits of all my Euro Stoxx 50 shorts today (risk management purposes).
Technicals (4-hourly Chart) as above.

Above are the profits in (E) Euro (EUR).
Below are the profits converted into (SD) Singapore Dollar (SGD).


Profits in this trade:
+ S$ 16,358 SGD

Cumulative:
S$ 1,359,841 + S$ 16,358
= + S$ 1,376,199 SGD

Trading Journal:


Monday, 20 June 2016

GBPUSD Technical Analysis: 20 June 2016, Monday, 8.30pm Singapore Time

GBPUSD Technical Analysis: 
20 June 2016, Monday, 8.30pm Singapore Time

Attached above is the chart of the Great British Pound.
Rejection of breakdown.
There will be no BREXIT.
As per analysed earlier on 7th June 2016 (http://donovan-ang.blogspot.sg/2016/06/british-pound-price-structure-and.html), Britain will not leave the EU based on the price structure of the GBP using USD as benchmark.

GBPUSD: Fake Breakdown
Bullish / Long


Thursday, 16 June 2016

NZDCAD Technical Analysis for your learning: 16 June 2016, Thursday, 11.56am Singapore Time

NZDCAD Technical Analysis for your learning: 
16 June 2016, Thursday, 11.56am Singapore Time

Attached above is the NZDCAD Technical Analysis for your learning.
Refer to previous live analyses below when the trade was taken:
I am exiting and taking profits of all my NZDCAD shorts investment now.
(i.e. cashing out the investment in the CAD buys made against NZD made in January).

From the wisdom chest of Donovan Norfolk:
Fixed mindset people only think about longs in stocks as investments. 
Growth mindset people think that anything in this world can be an investment including longs and shorts in ANY asset class.

Above are the profits in (CD) Canadian Dollar (CAD).
Below are the profits converted into (SD) Singapore Dollar (SGD).


Profits in this shorts investment trade:
+ S$ 30,011 SGD

Cumulative:
S$ 1,329,830 + S$ 30,011
= + S$ 1,359,841 SGD

Trading Journal:


Tuesday, 14 June 2016

Ascott Reit Technical Analysis: 14 June 2016, Tuesday, 10.08am Singapore Time


Ascott Reit Technical Analysis (Long Term Technicals): 
14 June 2016, Tuesday, 10.08am Singapore Time

Attached above is the long term price structure of Ascott Reit: 
The beauty is that the 3rd contact cluster of points are made after a treacherous backtest in the entire orange region. Smart Monies are really algorithmic and technical.
BEARISH

Ascott Reit Technical Analysis (Mid Term and Short Term Technicals): 
14 June 2016, Tuesday, 10.08am Singapore Time

Ascott Reit, a quality reit, has triple layers of high selling pressure resistance in the mid term and short term time frame too. If the leader of Reits pack is bearish, all other reits will be bearish and perform worse than the already bad.
Be cautious of all Reits. 

Donovan Technical Rating on all Reits:
Bearish Bias


Friday, 10 June 2016

Silver Technical Analysis: 10 June 2016, Friday, 3.15pm Singapore Time

Silver Technical Analysis: 
10 June 2016, Friday, 3.15pm Singapore Time

Attached above is the technical analysis for Silver.
Silver is completing a major bottoming out and ready for significant movement up, together with big move up in Gold.

Invest in Gold and Silver, or Gold and Silver ETFs, and not unit trusts, stocks-equities, reits or bonds.

Donovan Norfolk Technical Rating on Silver:
BULLISH


Thursday, 9 June 2016

NASDAQ-100 Technical Analysis for your learning: 9 June 2016, Thursday, 11.59pm Singapore Time

NASDAQ-100 Technical Analysis for your learning: 
9 June 2016, Thursday, 11.59pm Singapore Time

Attached above is the NASDAQ-100 Index Technical Analysis.
Refer to previous NASDAQ Index Analysis in January and February 2016 when I said buy on fear, and the reasons in Jan and Feb:

I am taking profits of the 4th batch out of 4 batches of NASDAQ longs holdings today. Full technicals as illustrated on chart. Buying on fear and selling on greed together with worldwide smart monies (funds flow analysis of hot monies) has, in general, never failed to earn me lucratively.

Another thing, for the past many weeks, because of the strategy of protective trailing stop adjusted upwards as the bull rebound goes, all my positions invested into NASDAQ-100 became free of charge, meaning maximum loss/risk of my investment is zero loss, and maximum gain is as high as the bull can go. Zero risk, zero loss, unlimited gains. But I am taking all profits off the table now (risk management). 

Above are the profits in ($) US Dollar (USD).
Below are the profits converted into (SD) Singapore Dollar (SGD).



Profits in this 4-month disciplined positional trading/investment trade:
+ S$ 197,680 SGD

Cumulative:
S$ 1,132,150 + S$ 197,680
= + S$ 1,329,830 SGD

Trading Journal:


Tuesday, 7 June 2016

British Pound Price Structure and BREXIT results to come: 7 June 2016, Tuesday, 9.05am Singapore Time

British Pound Price Structure and BREXIT results to come: 
7 June 2016, Tuesday, 9.05am Singapore Time

Attached above is the price structure of the Great British Pound against the benchmark US Dollar.
The British will soon vote on leaving the EU.
Based on the price structural development as above (Pink, Black and Purple formations), there will be no BREXIT. Buying now. 
Britain will not leave the EU when the voting ends.


Note:
The referendum on Britain’s membership of the EU will take place on Thursday 23 June 2016.


Friday, 3 June 2016

Gold Technical Analysis: 3 June 2016, Friday, 10.52pm Singapore Time

Gold Technical Analysis: 
3 June 2016, Friday, 10.52pm Singapore Time

Attached above is the full technicals of Gold (Current Gold Price = $1241.40).

Refer to all the circled regions where I forewarned over the last 2 years that Stocks-Equities investors will suffer wealth destruction to their portfolio while those who transfer their stocks holdings to Gold will mostly preserve their wealth and can expect even more gains to come while most people would have already been damaged with bad losses.

Additional Note:
<< THE MARKET HFT ALGORITHM: Buy Gold on Dips >>
If Brexit is unsuccessful, European currencies and risk-biased currencies in demand and USD sells off, Gold rallies.
If Brexit is successful, fear floods the market and Gold rallies.


Donovan Norfolk Technical Rating on Gold and Gold ETFs (GLD):
Bullish mid-term
Bullish mid-long term
Bullish long-term
Suitable for investment

Past Gold Analyses:
http://donovan-ang.blogspot.sg/search/label/Gold

Thursday, 2 June 2016

AUDJPY Technical Analysis For Your Learning: 2 June 2016, Thursday, 11.10am Singapore Time

AUDJPY Technical Analysis For Your Learning: 
2 June 2016, Thursday, 11.10am Singapore Time

Attached above is the latest AUDJPY Technical Analysis.
Refer to the recent past live analysis which I made 2 days ago and entered the trade:

After giving the yellow flag and amber flag benefit of doubt, the red flag appeared today.
I have made the decision to cut all losses in this trade right now for risk management purposes.

Main consideration:
Technicals which led me to make the judgement of cutting as early as possible is on chart as above: yellow flag, amber flag and red flag. This is to limit the damage to as minimal as possible although the damage from a wrong short-term trade judgement had been committed.

Above are the losses in (¥) Japanese Yen (JPY).
Below are the losses converted into (SD) Singapore Dollar (SGD).



Losses in this trade:
- S$ 22,765 SGD
(A loss of -$22,765 in mere 2 days due to error in technical judgement is considered a bad trade)

Cumulative:
S$ 1,154,915 - S$ 22,765
= + S$ 1,132,150 SGD

Trading Journal:


Wednesday, 1 June 2016

CADCHF Technical Analysis: 1 June 2016, Wednesday, 9.27pm Singapore Time

CADCHF Technical Analysis: 
1 June 2016, Wednesday, 9.27pm Singapore Time

Attached above is the technicals for CADCHF short term, mid term and mid-long term trade.
I am buying CADCHF on dip. 
Multiple break-up supports as illustrated on chart.

Donovan Norfolk Technical Rating on CADCHF:
Bullish


Tuesday, 31 May 2016

AUDJPY Technical Analysis: 31 May 2016, Tuesday, 12.36pm Singapore Time

AUDJPY Technical Analysis: 
31 May 2016, Tuesday, 12.36pm Singapore Time

AUDJPY Long with Stop-loss and Target Profit as above.
Short term counter-trend trade using counter-trend momentum.
Main trend: down with counter-trend: up
(Fast Money)


Monday, 30 May 2016

Spain IBEX Index: 30 May 2016, Monday, 6.35pm Singapore Time

Spain IBEX Index: 
30 May 2016, Monday, 6.35pm Singapore Time

Attached above is the financial market of Spain.
Shorted Spain in significant amount.
One of the weakest markets.
Bearish mid-long term


Hong Kong Hang Seng Index: 30 May 2016, Monday, 3.17pm Singapore Time

Hong Kong Hang Seng Index: 
30 May 2016, Monday, 3.17pm Singapore Time

Added slight shorts on Hong Kong Hang Seng Index.


Wednesday, 25 May 2016

Hyflux: 25 May 2016, Wednesday, 2.13pm Singapore Time

Hyflux: 25 May 2016, Wednesday, 2.13pm Singapore Time

Attached above is the Technicals for Hyflux
that is listed in the Singapore SGX.

Refer in technicals above to where the distributions were conducted, which part of the secular market cycle the stock is in, where red trend band was broken, where the black classical band was broken down as well and to backtest critically (Brown Circle) to give confirmation of a stock in cancer.

Donovan Norfolk Ang (DNA) Technical Rating:
<< Bearish: Sell >>

Past Proven Track Record on Analysis of Hyflux:
http://donovan-ang.blogspot.sg/2015/03/hyflux-17-march-2015-tuesday-1230am.html
http://donovan-ang.blogspot.sg/search/label/Hyflux

Side Note:
 1st Additional Side Note: Hyflux issuing $300mil perpetual at 6% which will be increased to $500mil if it is oversubscribed makes Hyflux a clear short. Why did it not borrow cheaply from banks since current interest rate is much lower than that. Secondly, if interest rates rise, it would have to raise money at 8%-10% to attract the same batch of fools.

2nd Additional Side Note: The company is desperate to get money at any bad costs (6%). That is an initial sign of desperation, of how desperate the fundamentals may be.

NB:
DNA has no interest in this stock.